In its biannual stability report on Wednesday,the euro zone's central bank mentioned vulnerabilities in property and financial markets. On property, it said risks of price corrections over the medium term have increased substantially amid rising estimates of house price overvaluations. The European Central Bank warned of stretched valuations in many […]

Target topped earnings for the fiscal third quarter, as seasonal moments like Halloween and back-to-school boosted sales. The retailer raised its forecast, saying that comparable sales could rise at between a high-single digit and low double-digit pace in the holiday period.  CEO Brian Cornell said the company is focused on […]

The Greek Government and Microsoft have set out to digitally preserve and restore ancient Olympia, the original home of the Olympic games, for future generations by harnessing technologies such as artificial intelligence (AI) and augmented reality. The Hellenic Ministry of Culture and Sport and Microsoft are collaborating on this new […]

House prices: Expert discusses 'interesting' pricing differences We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Figures from the […]

EXCLUSIVE: Star Trek: Discovery is heading home. Over four years after the Sonequa Martin-Green led series launched on what was then CBS All Access in North America and Netflix in the rest of the world, Discovery will be leaving the Ted Sarandos co-run steamer as of midnight tonight. In a […]

Homebuilder sentiment rose to 83 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Current sales conditions rose 3 points to 89. Buyer traffic also increased 3 points to 68. Sales expectations in the next six months were unchanged at 84. Not only are builders still […]

CNBC's Jim Cramer said Tuesday that Walmart shares should not be lower. Cramer characterized the move as a Wall Street problem and not an indication of anything wrong with the retail giant's quarterly results. "Walmart is keeping prices down aggressively and therefore their gross margins are down. But they are […]

Roughly 46% of all Americans expect to retire in debt, according to a report. However, debt repayment is even harder on a fixed income and can threaten your retirement security. Most people are used to living with debt. Retiring in the red is another story. Maintaining enough cash on hand […]

The Covid pandemic, supply chain issues and inflation are challenges facing the Biden administration currently. Only 41% of voters approve of Biden, according to the latest Washington Post/ABC survey released on Sunday, continuing a downward trend in the president's ratings. Deputy Treasury Secretary Wally Adeyemo said high prices would moderate […]

The chief executive of Occidental Petroleum said the Biden administration should ask U.S. oil producers to boost supply if necessary, rather than OPEC. The Biden administration asked OPEC and its allies to boost production in late summer when gasoline prices soared. There are strong signs that U.S. production is bouncing back. […]